$5m Lease Financing For Sling Media, Inc.

Posted: Jun 13 2007, 3:00am CDT | by , Updated: Aug 11 2010, 2:19am CDT, in News | Technology News

$5m Lease Financing for Sling Media, Inc.
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ATEL Ventures, Inc., a provider of secured financing to emerging growth companies, has committed $5.0 million in equipment lease financing to Sling Media, Inc..

Sling Media is supposed to use the $5m to broaden its existing product line, support its growing customer base and accelerate its already significant growth. It is not disclosed what Slingmedia is exactly doing with the equipment lease. Possibly developing a new line of Slingboxes or finally get their products in full to Europe.
Via this press-release. Shop for Slingboxes.

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<a href="/latest_stories/all/all/2" rel="author">Luigi Lugmayr</a>
Manfred "Luigi" Lugmayr () is the founding Chief Editor of I4U News and brings over 25 years experience in the technology field to the ever evolving and exciting world of gadgets, tech and online shopping. He started I4U News back in 2000 and evolved it into vibrant technology news and tech and toy shopping hub.
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